Question
A U.S. Treasury bond pays 6.4 percent interest. You are in the 10 percent tax bracket. What is your after-tax yield on this bond? Don't
A U.S. Treasury bond pays 6.4 percent interest. You are in the 10 percent tax bracket. What is your after-tax yield on this bond? Don't round steps. 2 decimal answer.
_%
If you face a 10% marginal tax rate, what is your after-tax return on each of the following bonds? A 5.9% coupon semiannual corporate bond with 3 years to maturity, currently selling for $1,000. Don't round steps. 2 decimal answer. _%
A 6% coupon semiannual corporate bond with 2 years to maturity, currently selling for $995. Don't round steps. 2 decimal answer.
_%
A 5% coupon semiannual municipal bond with 10 years to maturity, currently selling for $1,074. Don't round steps. 2 decimal answer.
_%
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